In 2023, Germany led the European export of rubber transmission belts with a strong market share, although it experienced a slight decrease. Belgium and Italy followed, maintaining stable shares, while Spain and Romania displayed notable growth. The UK and Poland faced declines, while Sweden, Austria, and Ireland experienced notable increases. France saw a significant drop. The last five years showed varied trends, with some countries like Latvia and Slovakia exhibiting high growth. However, others, such as Luxembourg, faced substantial decreases.
Future trends to monitor include sustainability practices in production, technological advancements in manufacturing, and potential fluctuations due to geopolitical factors and economic conditions. These elements could significantly impact export dynamics in the sector.
Top countries in Export of Rubber Transmission Belts of Trapezoidal and Striped Configuration Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 38.85 | 2023 | +1.16% | -0.49% | View data |
| 2 | 2 Belgium | 14.22 | 2023 | +1.59% | +1.01% | View data |
| 3 | 3 Italy | 13.17 | 2023 | -19.19% | View data | |
| 4 | 4 Spain | 11.22 | 2023 | +2.04% | +2.43% | View data |
| 5 | 5 Romania | 10.63 | 2023 | +2.76% | +3.59% | View data |
| 6 | 6 United Kingdom | 6.45 | 2023 | -7.42% | -5.99% | View data |
| 7 | 7 Poland | 5.13 | 2023 | -3.73% | -9.74% | View data |
| 8 | 8 Czechia | 4.45 | 2023 | |||
| 9 | 9 Sweden | 1.76 | 2023 | +8.35% | +4.1% | View data |
| 10 | 10 Slovenia | 1.67 | 2023 | -1.89% | -1.14% | View data |
